10-Q Filing

BURLINGTON NORTHERN SANTA FE, LLC CIK: 934612 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0000934612-23-000009`
Period End Date	20230331
Filing Date	20230508
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	bni-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 54 Income Statement 28 Cash Flow Statement 52 Stockholders Equity 12 Comprehensive Income 10

Balance Sheet 54 line items

Line Item	Tag	Value	Unit	Period
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$18.33B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$17.90B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.94B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.84B	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.42B	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.40B	USD	Point-in-time
Materials and supplies	`MaterialsSuppliesAndOther`	$952.00M	USD	Point-in-time
Materials and supplies	`MaterialsSuppliesAndOther`	$934.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$137.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$172.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.37B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.43B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $18,334 and $17,899, respectively	`PropertyPlantAndEquipmentNet`	$67.30B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $18,334 and $17,899, respectively	`PropertyPlantAndEquipmentNet`	$67.22B	USD	Point-in-time
Goodwill	`Goodwill`	$14.85B	USD	Point-in-time
Goodwill	`Goodwill`	$14.85B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$1.24B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$1.23B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.89B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.87B	USD	Point-in-time
Total assets	`Assets`	$92.66B	USD	Point-in-time
Total assets	`Assets`	$92.61B	USD	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$3.93B	USD	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$4.45B	USD	Point-in-time
Long-term debt and finance leases due within one year	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$1.56B	USD	Point-in-time
Long-term debt and finance leases due within one year	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$860.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.79B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$6.01B	USD	Point-in-time
Long-term debt and finance leases	`LongTermDebtAndCapitalLeaseObligations`	$21.89B	USD	Point-in-time
Long-term debt and finance leases	`LongTermDebtAndCapitalLeaseObligations`	$21.89B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$15.11B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$15.18B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$680.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$650.00M	USD	Point-in-time
Casualty and environmental liabilities	`CasualtyAndEnvironmentalLiabilities`	$380.00M	USD	Point-in-time
Casualty and environmental liabilities	`CasualtyAndEnvironmentalLiabilities`	$385.00M	USD	Point-in-time
Pension and retiree health and welfare liability	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$205.00M	USD	Point-in-time
Pension and retiree health and welfare liability	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$201.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.10B	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.09B	USD	Point-in-time
Total liabilities	`Liabilities`	$45.38B	USD	Point-in-time
Total liabilities	`Liabilities`	$44.18B	USD	Point-in-time
Commitments and contingencies (see Note 5)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see Note 5)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Members equity	`MembersCapital`	$47.04B	USD	Point-in-time
Members equity	`MembersCapital`	$48.29B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$187.00M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$194.00M	USD	Point-in-time
Total equity	`MembersEquity`	$47.24B	USD	Point-in-time
Total equity	`MembersEquity`	$48.48B	USD	Point-in-time
Total equity	`MembersEquity`	$46.83B	USD	Point-in-time
Total equity	`MembersEquity`	$46.45B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$92.66B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$92.61B	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.02B	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.97B	USD	1 Quarter
Compensation and benefits	`LaborAndRelatedExpense`	$1.24B	USD	1 Quarter
Compensation and benefits	`LaborAndRelatedExpense`	$1.33B	USD	1 Quarter
Fuel	`FuelCosts`	$861.00M	USD	1 Quarter
Fuel	`FuelCosts`	$964.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$627.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$647.00M	USD	1 Quarter
Purchased services	`PurchasedServices`	$625.00M	USD	1 Quarter
Purchased services	`PurchasedServices`	$668.00M	USD	1 Quarter
Equipment rents	`EquipmentRents`	$169.00M	USD	1 Quarter
Equipment rents	`EquipmentRents`	$179.00M	USD	1 Quarter
Materials and other	`OtherCostAndExpenseOperating`	$351.00M	USD	1 Quarter
Materials and other	`OtherCostAndExpenseOperating`	$428.00M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$3.93B	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$4.16B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$2.04B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.86B	USD	1 Quarter
Interest expense	`InterestAndDebtExpense`	$255.00M	USD	1 Quarter
Interest expense	`InterestAndDebtExpense`	$257.00M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$23.00M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$50.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.81B	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.65B	USD	1 Quarter
Income Tax Expense (Benefit)	`IncomeTaxExpenseBenefit`	$438.00M	USD	1 Quarter
Income Tax Expense (Benefit)	`IncomeTaxExpenseBenefit`	$402.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.37B	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.25B	USD	1 Quarter

Cash Flow Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$1.37B	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.25B	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$627.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$647.00M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$71.00M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-122.00M	USD	1 Quarter
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$-76.00M	USD	1 Quarter
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$-47.00M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$19.00M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$83.00M	USD	1 Quarter
Materials and supplies	`IncreaseDecreaseInMaterialsAndSupplies`	$116.00M	USD	1 Quarter
Materials and supplies	`IncreaseDecreaseInMaterialsAndSupplies`	$-18.00M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$35.00M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$14.00M	USD	1 Quarter
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$472.00M	USD	1 Quarter
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-431.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.06B	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.45B	USD	1 Quarter
Capital expenditures excluding equipment	`CapitalExpendituresExcludingEquipment`	$679.00M	USD	1 Quarter
Capital expenditures excluding equipment	`CapitalExpendituresExcludingEquipment`	$598.00M	USD	1 Quarter
Acquisition of equipment	`AcquisitionOfEquipment`	$18.00M	USD	1 Quarter
Acquisition of equipment	`AcquisitionOfEquipment`	$16.00M	USD	1 Quarter
Purchases of investments and investments in time deposits	`PaymentsToAcquireInvestments`	$15.00M	USD	1 Quarter
Purchases of investments and investments in time deposits	`PaymentsToAcquireInvestments`	-	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$70.00M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$134.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-686.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-844.00M	USD	1 Quarter
Payments on long-term debt and finance leases	`RepaymentsOfLongTermDebt`	$202.00M	USD	1 Quarter
Payments on long-term debt and finance leases	`RepaymentsOfLongTermDebt`	$708.00M	USD	1 Quarter
Cash distributions	`CashDistributionsDividendsPaid`	$1.00B	USD	1 Quarter
Cash distributions	`CashDistributionsDividendsPaid`	-	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-708.00M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.20B	USD	1 Quarter
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$171.00M	USD	1 Quarter
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-101.00M	USD	1 Quarter
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.93B	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.84B	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.94B	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.76B	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.93B	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.84B	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.94B	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.76B	USD	Point-in-time
Interest paid, net of amounts capitalized	`InterestPaidNet`	$300.00M	USD	1 Quarter
Interest paid, net of amounts capitalized	`InterestPaidNet`	$290.00M	USD	1 Quarter
Capital investments accrued but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$172.00M	USD	1 Quarter
Capital investments accrued but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$141.00M	USD	1 Quarter
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$8.00M	USD	1 Quarter
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$5.00M	USD	1 Quarter
Non-cash asset financing	`CapitalLeaseObligationsIncurred`	$1.00M	USD	1 Quarter
Non-cash asset financing	`CapitalLeaseObligationsIncurred`	-	USD	1 Quarter

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`MembersEquity`	$47.24B	USD	Point-in-time
Beginning Balance	`MembersEquity`	$48.48B	USD	Point-in-time
Beginning Balance	`MembersEquity`	$46.83B	USD	Point-in-time
Beginning Balance	`MembersEquity`	$46.45B	USD	Point-in-time
Cash distributions	`CashDistributionsDividendsPaid`	$1.00B	USD	1 Quarter
Cash distributions	`CashDistributionsDividendsPaid`	-	USD	1 Quarter
Comprehensive income (loss), net of tax	`ComprehensiveIncomeNetOfTax`	$1.38B	USD	1 Quarter
Comprehensive income (loss), net of tax	`ComprehensiveIncomeNetOfTax`	$1.24B	USD	1 Quarter
Ending Balance	`MembersEquity`	$47.24B	USD	Point-in-time
Ending Balance	`MembersEquity`	$48.48B	USD	Point-in-time
Ending Balance	`MembersEquity`	$46.83B	USD	Point-in-time
Ending Balance	`MembersEquity`	$46.45B	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$1.37B	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.25B	USD	1 Quarter
Change in pension and retiree health and welfare benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$6.00M	USD	1 Quarter
Change in pension and retiree health and welfare benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.00M	USD	1 Quarter
Change in accumulated other comprehensive income (loss) of equity method investees	`ChangeInOtherComprehensiveIncomeOfEquityMethodInvestees`	$-1.00M	USD	1 Quarter
Change in accumulated other comprehensive income (loss) of equity method investees	`ChangeInOtherComprehensiveIncomeOfEquityMethodInvestees`	$4.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-7.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$5.00M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.38B	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.24B	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.